1996 Saab 900 Se Turbo Convertible 2-door 2.5l on 2040-cars

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China's Evergrande says it will start making electric vehicles in June

BEIJING — Chinese property firm Evergrande Group will start producing its first electric vehicles in June as part of a goal to become the world's largest new energy vehicle (NEV) company within the next three to five years, according to its chairman. Hui Ka Yan made the comments at a conference in the eastern city of Tianjin over the weekend, according to a statement published on the company's website on Tuesday. "The new energy automobile industry has a huge market prospect. Evergrande has completed the entire industrial chain layout in the field of new energy vehicles," Hui said. He also said that Evergrande plans to start selling its first electric vehicle model globally "soon," which will use electric car production technology from Swedish car makers Saab and Koenigsegg, and drive systems from Netherlands' e-Traction, according to the statement. Evergrande, China's second-largest property developer by sales, has been aggressively expanding into the automotive space in search of new areas of growth as the Chinese property market slows. Its subsidiary, Evergrande Health, invested in vehicle manufacturer National Electric Vehicle Sweden AB (NEVS), which picked up the assets of Saab, and Chinese auto battery maker Shanghai CENAT New Energy Co this year. It is also the majority investor in Swedish super car brand Koenigsegg. Not all of Evergrande's investments have gone smoothly, however. Last year, Evergrande Health bought 45 percent of Chinese electric vehicle firm Faraday Future as part of a $2 billion plan but the deal eventually turned sour. The companies have since ended their legal fight. Sales of NEV vehicles have remained a bright spot in China's car market, jumping 61.7 percent in 2018 to 1.3 million vehicles even as the overall car market contracted for the first time since the 1990s. China's biggest auto industry association predicts NEV sales to hit 1.6 million this year. Auto News Green Plants/Manufacturing Koenigsegg Saab NEVS

Saab plant reopens, production to resume by year's end?

Saab is gearing up to start production of the 9-3 again in September, two years after the last exampled rolled off the assembly line at the company's Trollhättan factory, Aftonbladet reports. Saab's new owner, National Electric Vehicle Sweden AB (NEVS), a Chinese-Japanese consortium created solely to buy Saab, says that the model's parts supply is the bottleneck in the production process, understandable since many of Saab's suppliers closed after it stopped production two years ago. The automaker also needs to establish a new dealership network. It is not entirely clear where Saab will market their new models, but North America is not expected to figure into their plans, at least initially.
Almost 400 factory employees are reportedly back working at Trollhättan, and Saab is looking to recruit 180 workers to help with production, presuming the factory can overcome its supply issues and go back online in the fall.
The new 9-3 is understood to be something short of an all-new car, a revision of the old 9-3 that started production in 2002. It will reportedly be offered initially as a four-door sedan and two-door convertible, and it will have a turbocharged engine, according to NEVS, which we expect will be a four cylinder. An electric 9-3 could come as early as next year. Turbocharged engines are part of Saab's DNA, NEVS Vice President Mattias Bergman has stated, and future Saab models will have them - despite the automaker's planned progression toward electric vehicles. The 9-3 will get small facelifts over time, says Mikael Östlund, a press officer at NEVS.

eBay Find of the Day: 1985 Saab Turbo Limo is the ultimate high school reunion ride

Yes, we've seen this 1985 Saab 900 Turbo limo for sale before. But somehow, this time is just seems more right. And we've got more pictures this go-around.
With the Saab brand now dormant and little hope for a true renaissance, save for one that comes in name only, Saab's future must lie in the celebration of great cars of its past. And what better way to celebrate the wonderful Saab 900 than to chop it in half and turn it into a freaking limousine?
Claimed to have been built by a Denver area Saab specialist, this five-speed manual 900 Turbo is listed with a Buy It Now of $8,500. It's actually surprisingly well turned-out, too, with a pretty decent interior that sticks to real Saab seats, avoiding the crushed-velvet or button-festooned lounge chair look. While this seems rather spendy for a well-used limousine, good luck finding another one like it. And besides, that's a lot less than the $12,500 asking price from back in 2010.